CBA holds auction on placement of short-term notes
By Trend
The Baku Stock Exchange held an auction on the placement of short-term notes of the Central Bank of Azerbaijan (CBA) on December 9, 2020, Trend reports citing the BSE.
The number of notes was 100 million manat ($58.8 million), a circulation period - 28 days.
During the auction, 10 investors submitted 16 orders in the price range from 99.5 manat ($58.52) (6.49 percent) to 99.53 manat ($58.54) (6.01 percent).
According to the CBA's decision, the cut-off price of the bonds amounted to 99.53 manat ($58.54) (6.01 percent), and the weighted average price - 99.53 manat ($58.54) (6.01 percent). The total amount of orders at nominal prices amounted to 438.7 million manat ($258 million).
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!